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This unique ATM at Miami’s Art Basel creates leaderboard based on users’ bank balance; watch
World

This unique ATM at Miami’s Art Basel creates leaderboard based on users’ bank balance; watch

MSCHF used a conventional ATM machine and installed a camera and a computerized leaderboard to make the interesting gadget.

Install SBI ATM at home and earn up to Rs 70,000 per month, here’s how
Business

Install SBI ATM at home and earn up to Rs 70,000 per month, here’s how

If you wish to apply for SBI's ATM franchise, you should do so through the companies' official websites

Guwahati: Assam police arrest five in connection with two ATM fraud cases
India

Guwahati: Assam police arrest five in connection with two ATM fraud cases

According to police, the arrested persons had fraudulently changed the ATM cards of unknown persons to withdraw money

Watch: 'Idli ATM' machine in Bengaluru leaves internet stunned
India

Watch: 'Idli ATM' machine in Bengaluru leaves internet stunned

The process is very swift and the idlis are packaged in recyclable containers

Punjab: Unidentified men break open ATM, decamp with Rs 17 lakh in cash in Hoshiarpur
India

Punjab: Unidentified men break open ATM, decamp with Rs 17 lakh in cash in Hoshiarpur

Deputy Superintendent of Police Daljit Singh Khakh said police were examining the footage of CCTV cameras installed at the Automated Teller Machine (ATM) kiosk and its adjoining areas

Maharashtra: ATM dispenses five times extra cash; people rush to withdraw money
India

Maharashtra: ATM dispenses five times extra cash; people rush to withdraw money

This happened on Wednesday at the Automated Teller Machine (ATM) of a private bank in Khaparkheda town, located around 30 km from Nagpur city

Soon, withdraw cash from ATMs without cards: How will it work?
India

Soon, withdraw cash from ATMs without cards: How will it work?

The Reserve Bank of India recently proposed to make cash withdrawal from ATMs possible without the need of a card

Coronavirus pandemic: Relaxations on ATM withdrawal, minimum balance in bank accounts expire today
India

Coronavirus pandemic: Relaxations on ATM withdrawal, minimum balance in bank accounts expire today

The relaxations were announced by Union Finance Minister Nirmala Sitharaman during the nationwide COVID-19 lockdown

Money transferred to women's Jan Dhan accounts safe; do not believe rumours it will be taken back, says FinMin
Business

Money transferred to women's Jan Dhan accounts safe; do not believe rumours it will be taken back, says FinMin

Finance Minister Nirmala Sitharaman last month had announced that as many of 20.5 crore women Jan Dhan account holders will get Rs 500 per month for next three months to run their households and deal with the hardships caused by the nation-wide lockdown

Coronavirus Outbreak: Centre asks states to ensure normal functioning of banks, ATMs during lockdown
Business

Coronavirus Outbreak: Centre asks states to ensure normal functioning of banks, ATMs during lockdown

The Centre has asked all states and Union Territories to ensure normal functioning of banks and ATMs during the lockdown period as the Rs 27,500-crore financial package announced under the Prime Minister Garib Kalyan Yojana will be disbursed in coming days

Coronavirus Outbreak: Canara Bank waives charges on withdrawal from other ATMs
Business

Coronavirus Outbreak: Canara Bank waives charges on withdrawal from other ATMs

In order to provide relief to its customers affected by lockdown in various parts of the country due to COVID-19, state-run Canara Bank on Wednesday announced a full waiver of service charges for any number of withdrawal from other bank's ATMs up till 30 June, 2020

RBI issues new guidelines for credit, debit cards; move aims to prevent digital transaction frauds
Business

RBI issues new guidelines for credit, debit cards; move aims to prevent digital transaction frauds

The latest instructions, however, are not mandatory for prepaid gift cards and those used at mass transit systems, the RBI added.

Bharat Bandh: Transport, banking hit in several states as Left, Congress-backed unions go on strike; vandals torch vehicles in Bengal
India

Bharat Bandh: Transport, banking hit in several states as Left, Congress-backed unions go on strike; vandals torch vehicles in Bengal

The day-long Bharat Bandh called by 10 trade unions was hit normal life in the statesof West Bengal, Assam and Odisha, while it evoked a lukewarm response in many states including Maharashtra, Karnataka and Tripura.

Bharat Bandh 2020: Banking services impacted in most parts of country; several ATMs go dry due to trade union strike
Business

Bharat Bandh 2020: Banking services impacted in most parts of country; several ATMs go dry due to trade union strike

Employees of public sector insurance companies and the RBI too participated in the strike.

Bharat Bandh 2020 Updates: TMC, CPM spar over violence in Bengal; parties without political existence indulging in cheap tactics, alleges Mamata Banerjee
India

Bharat Bandh 2020 Updates: TMC, CPM spar over violence in Bengal; parties without political existence indulging in cheap tactics, alleges Mamata Banerjee

Bharat Bandh 2020 Updates:Hitting out at the Left and the Congress, Chief Minister Mamata Banerjee said on Wednesday that those who don't have any political existence in the state are trying to ruin its economy by pursuing "cheap politics" of strikes.

Bharat Bandh 2020: Banking, transport services set to be impacted as trade unions call for strike against Centre's labour policies
India

Bharat Bandh 2020: Banking, transport services set to be impacted as trade unions call for strike against Centre's labour policies

In West Bengal, trade unions affiliated to Left and other parties called for a Bharat bandh against the economic policies of the BJP government. However, the TMC-led state government said it will not support any bandh.

Bharat bandh likely to affect banking, ATM services on 8 January; online services may function normally
Business

Bharat bandh likely to affect banking, ATM services on 8 January; online services may function normally

Apart from banking services, ATM services are also expected to be affected during the one-day Bharat bandh, said the report.

Complaints to banking ombudsman rise 20% to over 1.96 lakh in FY'19; debit card issues up 19%: RBI
Business

Complaints to banking ombudsman rise 20% to over 1.96 lakh in FY'19; debit card issues up 19%: RBI

The RBI said that during the year, the number of complaints resolved by agreement like through intervention of OBOs, mediation and conciliation among others rose 70.40 percent from 65.82 percent a year earlier.

Demonetisation 3rd anniversary: Banning high-value notes failed to meet objectives, but digitisation may check black money generation
Business

Demonetisation 3rd anniversary: Banning high-value notes failed to meet objectives, but digitisation may check black money generation

The defenders argued that demonetisation would help digitise the economy and make future black money generation difficult as there would be an audit trail all the time.

1.3 million debit and credit card data of Indian users reportedly being sold on the dark web
News & Analysis

1.3 million debit and credit card data of Indian users reportedly being sold on the dark web

The source of the breach is yet unknown but the data analysis have found Track 2 data in the card dump.